Latvia accepts aid stipulations

Article reports that Latvia agreed a raft of additional austerity measures on the 27 July 2009 to secure more aid from the International Monetary Fund as the Baltic country grapples with the deepest recession in the European Union.

ESO: Background information: Latvia warns IMF over delayed aid http://www.europeansources.info/record/latvia-warns-imf-over-delayed-aid/

IMF: Latvia and the IMF http://www.imf.org/external/country/LVA/index.htm

European Commission: DG Economic and Financial Affairs: Press Release, 20.7.09: EU to release second instalment of up to €3.1bn Community financial assistance to Latvia http://ec.europa.eu/economy_finance/thematic_articles/article15672_en.htm

Latvia: Ministry of Finance: News, 21.7.09: Supplemental Memorandum of Understanding with the European Community http://www.fm.gov.lv/?eng/news/49417

Website: Latvia: Ministry of Finance http://www.fm.gov.lv/?eng/

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